will get all five seats, as s/he will always outvote the minority share- holder by 80:20. cumulative voting would allow the minority shareholder to cast all his/her votes (five times 20 percent) for one

with a firm commitment to efficiency, transparency and fairness. We have reached our operational goals and witnessed continual market development including stronger ethical conduct in all important areas

) Disclosure and transparency; The chapter identifies key areas of disclosure, such as the financial and operating results, company objectives, major share ownership, remuneration, related party transactions

increase  flexibility and effectiveness in business operations by delegating other persons, who are prepared to operate the business under the principle of principal-agent relationship. SEC has held three

focus on strengthening its own governance, enhancing organizational efficiency and effectiveness, and adhering to the Sufficiency Philosophy principles, namely, reasonableness, moderation, and self

on the internal control system in key operating areas to assure that objectives in supervision is met with efficiency, effectiveness, transparency and fairness. Moreover, there are measures in

Capital Market to Ensure Efficiency, Fairness, Transparency and Integrity”, under which it is entrusted with 4 major policy objectives : (1) maintain fairness in the financial market, (2) develop and

as the reform of market institutions and infrastructure to enhance their effectiveness and efficiency. Furthermore, the Plan gives high priority to the systematic promotion of good governance in all

Risk Management ● Development of Debt Instruments ● Development of New Financial Instruments ● Promotion of Issuance of Non-Voting Depositary Receipt (NVDR) Achieving Efficiency for the Secondary Market

intellectual property ) and human capital? 7. How do we embed these non-financial issues in our engagement activities? How do we evaluate their effectiveness in https://www.sec.or.th/cgthailand/TH/Documents